Jamaica. In February, Parliament voted in favor of a bill
that decriminalizes the possession of small quantities of
marijuana for personal use. Holding will henceforth be
considered a misdemeanor and not a crime. In addition, it
was allowed to grow up to five cannabis plants, of which
marijuana is made. Marijuana use for religious purposes,
central to the rasta movement, was also legalized. Jamaica
also plans to build a medical marijuana manufacturing
industry and has taken steps to establish an authority to
oversee legal cultivation and distribution of marijuana.
In August, an agreement was signed that gave Jamaica a US
$ 130 million loan from the Inter-American Development Bank
(IDB). According to
COUNTRYAAH, the loan will support the country's economic reform
program, which includes a strengthened and financially
sustainable pension system.
Following an evaluation of the ongoing restructuring
program, the International Monetary Fund (IMF) announced
that Jamaica had been granted special drawing rights
equivalent to approximately US $ 930 million, which gives
the country the right to obtain foreign currencies in its
own currency to bridge liquidity shortages and strengthen
its ability to pay.
During a visit to Jamaica, British Prime Minister David
Cameron pledged development aid to the region of US $ 544
million. However, Cameron refused to meet claims for damages
because of past slave trade.